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Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s):  AVLNF

Avalon Advanced Materials Inc. is a Canadian-advanced manufacturing company focused on vertically integrating the Ontario lithium supply chain. Its Lake Superior Lithium Project is in the City of Thunder Bay, Ontario. Lake Superior Lithium Project is located between northern Ontario’s lithium deposits and southern EV battery plants. Through its joint venture with SCR-Sibelco NV, it is developing its Separation Rapids lithium deposit near Kenora, ON, while also continuing to advance the Snowbank lithium and Lilypad lithium-caesium projects. It is also working to develop its Nechalacho rare earths and zirconium project located in the Northwest Territories. This deposit contains critical minerals for use in advanced technologies in the communications and defense industries, among other sectors. Its East Kemptville Tin-Indium Project is located 55 kilometers northeast of Yarmouth, Nova Scotia, Canada. Nechalacho Rare Earth Elements Project is located at Thor Lake, Northwest Territories.


TSX:AVL - Post by User

Post by toppgunnon Dec 01, 2020 6:21pm
658 Views
Post# 32014876

Picked up a chunk today

Picked up a chunk todayI've been watching AVL the last month and decided to buy a position today.  I'm normally not a buyer of penny stocks below a dollar but this has been listed as part of the TMX composite index back around 2012ish.  I've had good success with former listed companies as there is lots of criteria to be part of that index. There can be lots of upside based on some of previous owned companies i.e. Aura Minerals.  

It is worth a speculation play but would not bet the farm either.  The volumes have impressed me as of late and reason took a position today.  
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